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Search Results for "rail"

South Africa, Botswana agree to boost rail link

By: Donna Slater     5th August 2022 South Africa and Botswana have agreed, in principle, on joint development initiatives to be implemented by Transnet Freight Rail (TFR) and Botswana Rail (BR), to improve trade between the two countries, following a high-level business roundtable. The initiatives will enable landlocked Botswana... 

Angolan sovereign wealth fund invests further $10m in Pensana

By: Tasneem Bulbulia     5th August 2022 Aim-listed Pensana says Fundo Soberano de Angola (FSDEA), the Angolan Sovereign Wealth Fund, will make a further $10-million equity investment in the company in return for 12.3-million ordinary shares in Pensana. These funds will be directed towards Pensana’s Angola-based Longonjo project’s early... 

ITSSA to disband as project has realised its mandate

By: Irma Venter     5th August 2022 The Intelligent Transport Society of South Africa (ITSSA) has disbanded, as it has fulfilled its mandate, says CEO Dr Paul Vorster. An ITSSA annual general meeting in July confirmed a decision taken by the society’s board in June to close the project. 

Logistics solutions needed quickly to avoid lost commodity price opportunity – Menar 

By: Martin Creamer     5th August 2022 While there is commitment from State rail enterprise Transnet to find a solution to bulk commodity logistical disruption, the issue is time, as the challenges need to be overcome with the necessary speed to avoid South Africa continuing to lose out on decent commodity prices. “The State’s... 

TNPA initiates process for possible development of greenfield Boegoebaai port

By: Terence Creamer     4th August 2022 South Africa’s Transnet National Ports Authority (TNPA) has initiated a preliminary process for the proposed development of a new deep-water port at Boegoebaai in the far Northern Cape near the Namibian border, which has been earmarked as a possible hub for the production and export of green... 

Rail constraints costing South African miners billions of rands in lost exports

By: Tasneem Bulbulia     3rd August 2022 Despite bulk mineral exports being State-owned Transnet’s single biggest client base, South Africa is unable to access the full benefits of minerals exports, Minerals Council South Africa CEO Roger Baxter told delegates attending the first day of the South African Heavy Haul Association (SAHHA)... 

Integrated, tech-driven rail industry needed to drive South Africa’s heavy haul sector  

By: Tasneem Bulbulia     2nd August 2022 To enable South Africa’s mining and resources sector to remain competitive, it is imperative the country pursues a safe, competitive, responsible, integrated and intelligent heavy haul system, powered by rail 4.0, by 2030. This was emphasised by industry organisation the South African Heavy Haul... 

Miners' profits face an unusual foe: extreme weather

By: Reuters     1st August 2022 Heavy rainfalls, withering droughts and other extreme weather patterns across the globe are denting miners' profits and crimping supply of iron ore, copper and other widely-used minerals as climate change roils yet another industry. It is an unusual situation for companies that have experience... 

Cape Town pursues reinstatement of joint rail enforcement unit

By: Irma Venter     29th July 2022 The City of Cape Town says it is keen to help revive the Passenger Rail Agency of South Africa (PRASA) rail enforcement unit (REU), which operated as a three-way government partnership between October 2018 and July 2020.  The REU was launched by then Minister of Transport Blade Nzimande at a cost... 

Tanzania starts test runs on section of electrified SGR network

By: John Muchira     29th July 2022 In a major milestone on its journey towards modernising its railway network, Tanzania has started test runs on a section of its new electric-powered standard-gauge railway (SGR) line and has awarded the contract for Phase 4 of the entire SGR network, which stretches from Dar es Salaam to Mwanza,... 

Harmony aiming for net-zero production by 2045 with help of green loan

By: Martin Creamer     29th July 2022 Harmony Gold, which met its annual production guidance in the 12 months to end June against strong odds, is continuing to “mine with purpose”, which includes leaving a cleaner and healthier planet. Harmony CEO Peter Steenkamp said headwinds had again been turned into opportunities, with the... 

Rail revitalisation needed

By: Sabrina Jardim     29th July 2022 Revitalising South Africa’s rail infrastructure is necessary to ensure that it is a reliable, available, competitive and efficient mode of transport, allowing users to capitalise on the sector’s being safer, more reliable and low carbon emitting, says rolling stock manufacturing company Alstom... 

Iron-ore company receives strategic investment

Canadian iron-ore company Labrador Iron Mines announced a $4-million strategic investment by NYSE-listed, integrated merchant banking company Scully Royalty. The strategic investment consists of a $3-million equity component alongside a $1-million convertible credit facility. Scully Royalty has... 

Industry body partners with department

By: Sabrina Jardim     29th July 2022 The African Rail Industry Association (ARIA) is working together with the Department of Transport (DoT) and other bodies to sign a memorandum of understanding (MoU) that will formally recognise ARIA as its official partner in advocacy on behalf of the rail industry. The association currently has... 

Gibela unveils its one-hundredth train set 

By: Sabrina Jardim     29th July 2022 Earlier this month, train manufacturer Gibela celebrated the high-profile handover ceremony of its one-hundredth train set to the Passenger Rail Agency of South Africa (PRASA) in Dunnottar, Ekurhuleni. The event was attended by Minister of Transport Fikile Mbalula, Gauteng Premier David Makhura,... 

Association to host conference

By: Sabrina Jardim     29th July 2022 The South African Heavy Haul Association (SAHHA) is hosting its conference from August 2 to 4 at Emperor’s Palace, in Kempton Park, Gauteng. This year’s conference theme: ‘Safe, resilient and efficient heavy haul’, was prompted by the challenges the rail network system is facing. These challenges... 

S Africa hampered by rolling stock challenges

By: Sabrina Jardim     29th July 2022 South Africa is facing challenges regarding its rolling stock, owing to rail networks being vandalised during Covid-19 lockdowns, and this will be costly to repair, says consultant and supplier of new and used locomotives African Railway Systems COO Dylan Knott. The shortage of locomotives and... 

ArcelorMittal to seek access to rail network amid a collapse in Transnet service

By: Terence Creamer     28th July 2022 ArcelorMittal South Africa (AMSA) has confirmed that it will seek to secure third-party access to Transnet’s rail network as part of efforts to stabilise the logistics involved in supplying key raw materials, such as iron-ore, having experienced an intense period of rail disruption during the... 

John Deere brings redesigned ADT to South African shores

By: Donna Slater     28th July 2022 Heavy equipment manufacturer John Deere’s South African branch, having been in the country for 140 years, launched its redesigned 41.8 t, 460 series articulated dump truck (ADT) to the domestic market on July 26. Aimed primarily at the mining industry, the 460E-II series has been redesigned to... 

Partners vow to work together at Simandou

By: Esmarie Iannucci     28th July 2022 Development plans for the rail and port infrastructure to service the Simandou iron-ore project, in Guinea, has progressed, with the incorporation of the La Compagnie du TransGuinéen (TransGuinean Company) joint venture (JV). Major Rio Tinto is joint venturing with the government of the Republic... 

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